Member Info for haggismchaggis1

What a total lying little prick you are. Get a life FFS.

Suck this up too!!

"2020 is now expected to be the year in which several of these commercial enquiries are transitioned into contracts for delivery of fuel cell systems into the market"

Negative spin mongers, suck this up!!

"Following the demonstration, we have signed several non-disclosure agreements with both public and private entities where we are sharing information and developing tailored solutions built around our flexible modularised design. These applications range from charging hubs for taxis, powering trains, en route charging on motorways, urban destination charging and fleet charging."

"Strengthened financial position by focussing on immediate opportunities completing the year with no drawdown of equity financing facility."

As the drawdown is convertible to stock, any drawdown has to be advised in an RNS.

For those continually posting negative spin post titles and trying to create negative sentiment, it's pretty obvious you ignore everything that's in this RNS, and everything AFC has said since then.

I suggest everyone reads this word for word and puts an end to the negative rubbish spouted on here. AFC has never been in a better position, never been closer to multiple orders which are not far away, and those posting negative spin know this too.

https://www.investegate.co.uk/afc-energy-plc--afc-/rns/pre-close-operational-update/201910280700082421R/

Nice to see a 100,000 buy go through, as I've not seen anything as high for a couple of days!

Definitely half full, but with 500 EV charger visitors and a huge number of phone/email enquiries, my cup will soon overfloweth, despite those on here trying to create negative spin on everything.

Just like there's lies, damn lies, and statistics!

They can put in the numbers they see now on their demand statistics, but if they don't put in the numbers for EV uptake, or put in numbers that are way too low, their conclusions will be way out.

My conclusion is that they have seen the price of Hydrogen for cars, and some bean counter has decided it would be very VERY profitable if they used their own cheap Nuclear power to make it, and then fudged the numbers to make it look viable.

chippyjo,

Because it's obvious! We're a listed company!

This:

A consortium led by the French energy group believes linking electrolysers to nuclear-generated electricity “would produce enough hydrogen to meet a significant portion of the forecasted demand in the UK”

Is the most ridiculous idea I've heard in years!

With all the EV's coming onto the roads, with a lot of them charging overnight, plus the huge battery storage like Pivot Power 20GW, they won't be able to spare any worthwhile electric from their power stations.

https://www.reuters.com/article/us-britain-power-autos-analysis/britain-faces-huge-costs-to-avoid-power-shortages-with-electric-car-plan-idUSKCN1BC3VU

A) Shedloads

And I'm sure AFC will be putting those showing speed at the top of the list for deal signing.

The chicken........

"Zero-emission, low cost, Hydrogen generation. Thermal Plasma Electrolysis system produces H2 at the price of steam methane reforming with the emissions of electrolysis - NONE. HiiROC modular units are infinitely scalable from 400kg/day. With a footprint of two square metres, HiiROC units can deliver on-site Hydrogen, cheaper, cleaner and faster"
https://www.linkedin.com/in/s-morris-34b09a4?originalSubdomain=uk

400kg of H2 contains 13,332kWh of energy. If an AFC fuel cell is set at 65% efficiency it would output 8,665kWh.

So we are looking at very big systems with Hiiroc even with their base model size.

EV’s all the way, mass H2 cars at least a decade away. That means loads more charging points and hardly a lot more H2 refuelling or H2 cars.

https://www.washingtonpost.com/technology/2020/02/26/hydrogen-fuel-cell-cars/

Loads of clients will be pushing hard to get the first deal, as they know they can get nationwide publicity for ordering the first (potentially several) zero emissions Hydrogen Fuel Cell EV Charger(s) in the UK.

De Nora Alkamem testing, I believe, is also with regards to:

"A highly conductive and stable anionic exchange membrane opens up an array of technologies which De Nora currently have under development."

And:

"With strong growth expected in alkaline water electrolysis in the coming years and the already evidenced expansion of energy storage, we believe AlkaMemTM, whilst initially developed exclusively "by us, for us", offers a true value proposition which we will aggressively seek to exploit through a sales, partnership and licensing model with our customers."

Thanks for the spying :-)

This is interesting.
https://www.hull.ac.uk/work-with-us/more/media-centre/news/2019/universitys-climate-change-commitment-strengthened-as-aura-innovation-centre-reaches-major-milestone

junior3564,

AFC have said many times, including to shareholders at the AGM's, that they will assemble the initial orders (they don't manufacture anything, the electrodes are now manufactured by DeNora), and once things take off the assembly will be outsourced.

We don't need any more information than that right now.

CEO BLOG yesterday:

Last Thursday saw over 250 people, including Scottish Minister for Trade, Investment and Innovation, Mr Ivan McKee, witness the operation of our charger at the Michelin-Scotland Innovation Parc (“MSIP”). Several prospective customers travelled to Scotland especially to meet AFC Energy and witness the operation of our EV charger in real time.

Since the launch of our H-PowerTM EV charger three months ago, we’ve seen over 500 people visit the operation of the charger, in addition to the significant number of commercial enquiries received through phone calls and email from the UK and overseas.